2013/2014 | 2014/2015 | 2015/2016 | 2016/2017 | 2017/2018 | 2018/2019 | 2019/2020 | |||||||

0 - 165 600 | 18% | 0 - 174 550 | 18% | 0 - 181 900 | 18% | 0 - 188 000 | 18% | 0 - 189 880 | 18% | 0 - 195 850 | 18% | 0 - 195 850 | 18% |

165 601 - 258 750 | R29 808 + 25% of amount above R165 600 | 174 551 - 272 700 | R31 419 + 25% of amount above R174 550 | 181 901 - 284 100 | R32 742 + 26% of the amount above R181 900 | 188 001 - 293 600 | R33 840 + 26% of the amount above R188 000 | 189 881 - 296 540 | R34 178 + 26% of the amount above R189 880 | 195 851 - 305 850 | 35 253 + 26% of the amount above R195 850 | 195 851 - 305 850 | 35 253 + 26% of the amount above R195 850 |

258 751 - 358 110 | R53 096 + 30% of amount above R258 750 | 272 701 - 377 450 | R55 957 + 30% of amount above R272 700 | 284 101 - 393 200 | R59 314 + 31% of the amount above R284 100 | 293 601 - 406 400 | R61 296 + 31% of the amount above R293 000 | 296 541 - 410 460 | R61 910 + 31% of the amount above R296 540 | 305 851 - 423 300 | R63 853 + 31% of the amount above R305 850 | 305 851 - 423 300 | R63 853 + 31% of the amount above R305 850 |

358 111 - 500 940 | R82 904 + 35% of amount above R358 110 | 377 451 - 528 000 | R87 382 + 35% of amount above R377 450 | 393 201 - 550 100 | R93 135 + 36% of the amount above R393 200 | 406 401 - 550 100 | R96 264 + 36% of the amount above R406 400 | 410 461 - 555 600 | R97 225 + 36% of the amount above R410 460 | 423 301 - 555 600 | R100 263 + 36% of the amount above R423 300 | 423 301 - 555 600 | R100 263 + 36% of the amount above R423 300 |

500 941 - 638 600 | R132 894 + 38% of amount above R500 940 | 528 001 - 673 100 | R140 074 + 38% of amount above R528 000 | 550 101 - 701 300 | R149 619 + 39% of the amount above R550 100 | 550 101 - 701 300 | R147 996 + 39 % of the amount above R550 100 | 555 601 - 708 310 | R149 475 + 39 % of the amount above R555 600 | 555 601 - 708 310 | R147 891 + 39 % of the amount above R555 600 | 555 601 - 708 310 | R147 891 + 39 % of the amount above R555 600 |

638 601 and above | R185 205 + 40% of amount above R638 600 | 673 101 and above | R195 212 + 40% of amount above R673 100 | 701 301 and above | R208 587 + 41% of the amount above R701 300 | 701 301 and above | R206 964 + 41% of the amount above R701 300 | 708 311 - R1 500 000 | R209 032 + 41% of the amount above R708 310 | 708 311 - 1 500 000 | R207 448 + 41% of the amount above R708 310 | 708 311 - 1 500 000 | R207 448 + 41% of the amount above R708 310 |

R1 500 001 and above | R533 625 + 45% of the amount above R1 500 000 | R1 500 001 and above | R532 041 + 45% of the amount above R1 500 000 | R1 500 001 and above | R532 041 + 45% of the amount above R1 500 000 |

A summary of older individual rates is available in the archive.

2013/2014 | 2014/2015 | 2015/2016 | 2016/2017 | 2017/2018 | 2018/2019 | 2019/2020 | |

Primary rebate | R12 080 | R12 726 | R13 257 | R13 500 | R13 635 | R14 067 | R14 220 |

Additional age 65 and over rebate | R6 750 | R7 110 | R7 407 | R7 407 | R7 479 | R7 713 | R7 794 |

Additional age 75 and over rebate | R2 250 | R2 367 | R2 466 | R2 466 | R2 493 | R2 574 | R2 601 |

Tax threshold below age 65 | R67 111 | R70 700 | R73 650 | R75 000 | R75 750 | R78 150 | R79 000 |

Tax threshold age 65 - 74 | R104 611 | R110 200 | R114 800 | R116 150 | R117 300 | R121 000 | R122 300 |

Tax threshold age 75 and over | R117 111 | R123 350 | R128 500 | R129 850 | R131 150 | R135 300 | R136 750 |

The third rebate was phased out in 1993/4 (see archive for details) and reintroduced at a different age in 2011/12.

2013/2014 | 2014/2015 | 2015/2016 | 2016/2017 | 2017/2018 | 2018/2019 | 2019/2020 | |

Member | R242 | R257 | R270 | R286 | R303 | R310 | R310 |

First dependant | R242 | R257 | R270 | R286 | R303 | R310 | R310 |

Subsequent dependants | R162 | R172 | R181 | R192 | R204 | R209 | R209 |

The medical scheme tax credit took effect for taxpayers from 2012/13 for taxpayers younger than 65 and from 2014/15 for taxpayers 65 and older.

2013/2014 | 2014/2015 | 2015/2016 | 2016/2017 | 2017/2018 | 2018/2019 | 2019/2020 | |

Individuals below age 65 | R23 800 | R23 800 | R23 800 | R23 800 | R23 800 | R23 800 | R23 800 |

Individuals 65 and over | R34 500 | R34 500 | R34 500 | R34 500 | R34 500 | R34 500 | R34 500 |

Tax free savings accounts were introduced in 2015/16. As a result the interest exemptions above will no longer be increased.

Dividends received from domestic companies were generally exempt from income tax. A notable exception was a dividend from a "fixed property company", since such a company may deduct a dividend declared as an expense for tax purposes. Dividends received from foreign companies were generally taxable. A notable exception was a dividend from a JSE Securities Exchange listed company.

A participation exemption for dividends from a holding of more than 25% in the equity share capital of a foreign company came into effect for years of assessment commencing on or after 1 June 2004. This would be the 2005/6 year for individuals. The participation exemption was extended to a holding of at least 20% of the total equity share capital with voting rights of at least 20% for dividends received or accrued on or after 8 November 2005. It was extended to a holding of at least 10% from 1 March 2012.

From 1 April 2012 dividends received from domestic companies are subject to a final withholding tax of 15% but are exempt from normal tax. Only 37.5% (36.6% from 1 March 2015) of dividends from foreign companies are included in individuals' taxable income, so the maximum effective rate on these dividends is 15%. From 22 February 2017 the withholding tax rate was increased to from 15% to 20%. From 1 March 2017 the proportion of dividends from foreign companies included in individuals' taxable income was increased to 44.4%, so the effective rate on these dividends also increased to 20%.

2013/2014 | 2014/2015 | 2015/2016 | 2016/2017 | 2017/2018 | 2018/2019 | 2019/2020 | |

Standard | 28% | 28% | 28% | 28% | 28% | 28% | 28% |

Small Business 0 - <65 Threshold <65 Threshold - 365 000 365 001 -550 000 550 001 and above | 0% 7% 21% 28% | 0% 7% 21% 28% | 0% 7% 21% 28% | 0% 7% 21% 28% | 0% 7% 21% 28% | 0% 7% 21% 28% | 0% 7% 21% 28% |

The table does not deal with gold mines or long-term insurance companies, which are subject to special rates. Turnover and shareholding conditions apply in respect of the small business corporation system.

A summary of older corporate rates is available in the archive.

2001/2 - 2013/14 | 2014/15 - 2015/16 | 2016/17 on | |

Individuals & special trusts | 25% | 33.3% | 40% |

Companies & other trusts | 50% | 66.6% | 80% |

Only a percentage of a person's net capital gains for a year is included in taxable income and taxed at normal rates.

2013/2014 | 2014/2015 | 2015/2016 | 2016/2017 | 2017/2018 | 2018/2019 | 2019/2020 | |||||||

0 - 150 000 | 0% | 0 - 150 000 | 0% | 0 - 335 000 | 0% | 0 - 335 000 | 0% | 0 - 335 000 | 0% | 0 - 335 000 | 0% | 0 - 335 000 | 0% |

150 001 - 300 000 | 1% of the amount above R150 000 | 150 001 - 300 000 | 1% of the amount above R150 000 | 335 001 - 500 000 | 1% of the amount above R335 000 | 335 001 - 500 000 | 1% of the amount above R335 000 | 335 001 - 500 000 | 1% of the amount above R335 000 | 335 001 - 500 000 | 1% of the amount above R335 000 | 335 001 - 500 000 | 1% of the amount above R335 000 |

300 001 - 500 000 | R1 500 + 2% of the amount above R300 000 | 300 001 - 500 000 | R1 500 + 2% of the amount above R300 000 | 500 001 - 750 000 | R1 650 + 2% of the amount above R500 000 | 500 001 - 750 000 | R1 650 + 2% of the amount above R500 000 | 500 001 - 750 000 | R1 650 + 2% of the amount above R500 000 | 500 001 - 750 000 | R1 650 + 2% of the amount above R500 000 | 500 001 - 750 000 | R1 650 + 2% of the amount above R500 000 |

500 001 - 750 000 | R5 500 + 4% of the amount above R500 000 | 500 001 - 750 000 | R5 500 + 4% of the amount above R500 000 | 750 001 and above | R6 650 + 3% of the amount above R750 000 | 750 001 and above | R6 650 + 3% of the amount above R750 000 | 750 001 and above | R6 650 + 3% of the amount above R750 000 | 750 001 and above | R6 650 + 3% of the amount above R750 000 | 750 001 and above | R6 650 + 3% of the amount above R750 000 |

750 001 and above | R15 500 + 6% of the amount above R750 000 | 750 001 and above | R15 500 + 6% of the amount above R750 000 |

Turnover and shareholding conditions apply in respect of the micro business turnover tax system.

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